First City Monument Bank FCMB has appointed Mrs Yemisi Edun to act as managing Director following the stepping aside of embattled Adam Nuhu. Yemisi Edun holds a Bachelor’s degree in Chemistry from the University of Ife, Ile-Ife and a Master’s degree in International Accounting and Finance from the University of Liverpool, United Kingdom. She is
The financial institution First City Monument Bank (FCMB) has made known the vigilance and concerted efforts among stakeholders in the banking industry, towards combating financial, cyber and other-related crimes. This was disclosed by the Managing Director of First City Monument Bank (FCMB), Mr. Adam Nuru. He said financial crimes, particularly money laundering and terrorism financing
FCMB Group Plc has announced a profit after tax of N10.791 billion for the nine months ended September 30, 2019, showing a marginal decline of 4.8 per cent compared with N11.341 billion recorded in the corresponding period of 2018. According to the results released recently, showed gross earnings of N135.824 billion, up 2.2 per cent
The fourth edition of the First City Monument Bank (FCMB) internship programme and contest, tagged #FCMBFlexxtern has introduced another set of thirty young Nigerian graduates and are ready to gain first-hand work experience and employment opportunity in the corporate world. In an online contest organised by the Bank as part of its youth engagement, capacity
The efficient financial service provider, First City Monument Bank (FCMB) in collaboration with SystemSpecs Limited, has introduced a solution that is centric on aiding different aspects of business operation. Which will be very useful to individuals in business, small and medium enterprises as well as corporate organisations. According to the Memorandum of Understanding (MoU) signing
The First City Monument Bank (FCMB) recently partner with SystemSpecs to introduce a payroll solution designed to meet the yearnings of thousands of its SME customers seeking efficient, easy-to-use and affordable business tools to seamlessly operate their businesses. As reported by the product tagged, ‘FCMB Payroll,’ comes with features that enable SME owners to easily
Over the years, the Central Bank of Nigeria (CBN), in its various initiatives, has made a lot of progress in creating a robust financial system framework through several reforms. The apex institution, in its bolstering policies, has focused on fostering stability, sensitising the gains in serious governance and restoring confidence in the nation’s financial system.
First City Monument Bank (FCMB), leading lender, has taken another major leap in the retail and mobile banking segments of the Nigerian financial services industry. It has launched a new product called FCMB Easy Account. Described as banking made accessible to all, a significant and value-added feature of this product is that the telephone numbers
First City Monument Bank Plc introduced a value-added initiative called SheVentures for women-owned Small and Medium Scale Enterprises. In a report, it said the initiative would provide enhanced support to existing and upcoming women-owned SMEs through access to finance, training and mentoring, to boost their business in a sustainable manner. The report read in part,
Six Commercial banks have made payments totaling N155.45 billion into the sinking fund of Asset Management Corporation of Nigeria (AMCON) within three years. Access Bank, GTBank, United Bank for Africa (UBA), Fidelity Bank, FCMB Group and Sterling Bank made the payments between 2015 and 2017. Data obtained from the banks’ annual reports showed that Access
